The South African Chamber of Commerce in Singapore is hosting a webinar on the game-changing potential of blockchain technology in revolutionizing global payments and treasury management on 29th June 2023

THE South African Chamber of Commerce in Singapore is set to host an engaging and informative webinar on the potential of blockchain technology in reshaping global payments and treasury management. Scheduled for 29th June 2023, from 16:00 to 17:00 (GMT+8), the event promises to provide valuable insights into the benefits and impacts of Central Bank Digital Currencies (CBDCs) and the regulatory considerations associated with their implementation.

One of the key discussion topics during the webinar will be the existing challenges and inefficiencies in cross-border payments and treasury management between South Africa and Singapore. The session aims to shed light on the difficulties faced by businesses and individuals when conducting financial transactions between these two regions. By understanding the pain points, participants will be better equipped to explore potential solutions and improvements.

The benefits and impacts of CBDCs in global payments and treasury management will also take center stage. Attendees can expect a detailed exploration of how CBDCs can reshape the landscape of payment and treasury management between South Africa and Singapore. The discussion will highlight advantages such as increased efficiency, lower costs, enhanced financial inclusion, and the potential for economic growth. These insights will provide attendees with a comprehensive understanding of the positive impacts that CBDCs can bring to global finance.

Regulatory considerations and collaboration will be another crucial aspect covered in the webinar. The session will address the challenges and considerations associated with implementing CBDCs in cross-border transactions. Regulations play a vital role in ensuring the smooth adoption and operation of CBDCs, and this topic aims to provide clarity on the regulatory landscape. Furthermore, the importance of collaboration between South Africa, Singapore, and other international stakeholders will be emphasized, highlighting the need for seamless integration and interoperability.

Distinguished speakers at the event include El Lee, the Co-founder of DTCPAY, and Shiven Moodley, Chief Operating Officer and Macro Strategist of 80eight at 80eight. With their expertise and industry experience, attendees can expect to gain valuable insights and practical knowledge from these esteemed professionals. The event will also conclude with a 10-minute Q&A session, providing participants with an opportunity to have their queries addressed directly.

Register yourself HERE

Sourced from South African Chamber of Commerce Singapore